OREANDA-NEWS. March 07, 2012. NCSP Group announces that on March 5, 2012 shareholders of NCSP elected the following Directors into the company’s Board following the extraordinary General Meeting held in Novorossiysk (Portovaya st.16):

Mikhail V. Barkov

Aleksander S. Vinokurov

Evgeniy V. Gavrilin

Maksim S. Grishanin

Ziyavudin G. Magomedov

Marat M. Shaidaev

Also Viktor A. Olerskiy is the member of the Board of Directors of NCSP according to the “golden share”.

Novorossiysk Commercial Sea Port is the largest Russian port operator and the 3rd operator in Europe in terms of cargo turnover. NCSP shares are traded on Russia's MICEX exchange (NMTP) and on the London Stock Exchange in the form of GDRs (NCSP).

50.1% shares of PJSC "NCSP" belongs to Novoport Holding Ltd, beneficiaries owners of which  are JSC “Transneft” and Ziyavudin Magomedov (Summa Group). NCSP Group consolidated cargo turnover in 2011 totaled 157 million tons. Consolidated revenue according to IFRS for the nine months of 2011 totaled USD 782 million and EBITDA of USD 404 million. NCSP Group combines the following stevedore companies: OJSC Novorossiysk Commercial Sea Port, PJSC Primorsk Trade Port (since 2011), PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Shipyard, PJSC Fleet of NCSP, OJSC NLE, OJSC IPP, and Baltic Stevedoring Company Ltd.